Exclusive: Ford hikes prices on Mexico-produced models, citing tariffs [View all]
Source: Reuters
Prices on the Mustang Mach-E electric SUV, Maverick pickup and Bronco Sport will increase by as much as $2,000 on some models, according to a notice sent to dealers reviewed by Reuters.
A Ford spokesperson said the price hikes will affect vehicles built after May 2, which would arrive at dealer lots in late June. The spokesperson said the price hikes reflect "usual" mid-year pricing actions, "combined with some tariffs we are facing. We have not passed on the full cost of tariffs to our customers."
Analysts have said U.S. auto sales could drop by more than 1 million vehicles a year if tariffs were to remain in place.
Read more: https://www.reuters.com/business/autos-transportation/ford-hikes-prices-mexico-produced-models-citing-tariffs-2025-05-07/
These price increases seem low to me. Ford must be eating a good part of the tariff. But I don't know if this tariff is 10% or 25% or both combined. This has never been clear to me.
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